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Redlining is a form of discrimination when a lender rejects a home loan in a certain neighborhood based on race or ethnicity. Though the practice is illegal, federal regulators are still trying...
Redlining is the discriminatory practice of denying services—typically financial services—to residents of certain areas based on their race or ethnicity. Under fair lending laws,...
Redlining was a real estate practice in which certain neighborhoods were designated as high-risk, largely due to racial demographics, and loans on properties there were denied. Ostensibly...
Redlining is a discriminatory practice in which financial services are withheld from neighborhoods that have significant numbers of racial and ethnic minorities. [2] Redlining has been most prominent in the United States, and has mostly been directed against African-Americans.
Homeowners in redlined neighborhoods have earned 52% less in home equity than those in greenlined areas over the last 40 years. Redlining, the racist housing policy that was outlawed in the 1960s, remains a major factor in today’s wealth gap between Black and white families across the country.
In a nutshell, redlining is mortgage discrimination against nonwhite neighborhoods. Lenders engage in redlining when they deny loans based on an area’s racial composition.
In recent years, the term “redlining” has become shorthand for many types of historic race-based exclusionary tactics in real estate — from racial steering by real estate agents (directing Black...
A decades-old housing policy known as redlining has had a long-lasting effect on American society and the economic health of Black households in particular, according to a new report by Redfin...
Redlining refers to a real estate practice in which public and private housing industry officials and professionals designated certain neighborhoods as high-risk, largely due to racial ...
Some 40 years after the first redlining map was drawn, redlining was banned under the Fair Housing Act of 1968. But in many ways, HOLC and the Federal Housing Administration had already written...